Consolidation Could Bring 300 Jobs to ScottsburgPosted: Updated:
A global electronics manufacturer is planning to consolidate two operations into a new facility in Scottsburg. New Albany-based Samtec Inc. will relocate around 300 jobs to a 70,000 square-foot building next to the Mid-America Science Park. The company could break ground on the project as early as this month. September 3, 2014
SCOTTSBURG, Ind. - Samtec, Inc. today announced that the company will be consolidating operations by relocating two of their existing manufacturing facilities to Scottsburg, Ind. The global company plans to break ground on a 70,000-square-foot facility in September or October 2014.
Samtec, headquartered in New Albany, Ind., will open its new manufacturing facility by mid-year 2015 in Scottsburg's Certified Technology Park District adjacent to the Mid-America Science Park (MASPark). The move will relocate approximately 300 new jobs to Scottsburg.
"The new facility will help us streamline operations in Southern Indiana and provide greater efficiencies in distribution and logistics," said Keith Baumann, global facilities manager for Samtec. "Scottsburg has numerous economic amenities that align with our global growth initiatives as a service and quality leader."
Samtec is a privately-held, $565 million global manufacturer of electronic interconnects. The company was founded in 1976 and employs approximately 4,000 people worldwide.
"The City of Scottsburg and MASPark look forward to building a strong partnership with Samtec," said Mayor Bill Graham. "In addition, we are excited to welcome Samtec and the business culture they will bring with them into our community."
"We continuously strive to stay ahead of the curve when it comes to economic and workforce development, and we are committed to providing Samtec with the support they need to succeed here," said Robert Peacock, Executive Director, of the Scott County Economic Development Corporation.
The company chose to locate next to the science park to leverage MASPark's Industrial Training Center for Advanced Manufacturing and virtual capabilities through the Worldwide Communications & Conference Center. Samtec's new facility will be connected by a walkway to MASPark. The property will be owned by a Grover Stacy Company and construction will be managed by Koetter Construction.
"Samtec will attract a new segment of entrepreneurs in the electronic interconnect industry," said Joe Pearson, executive director of MASPark. "This is exactly what the community's leadership set out to accomplish when they envisioned, planned and built a world-class science park in Scott County."
Scottsburg's Certified Technology Park District was designated in 2004 as part of Mayor Graham’s and the City of Scottsburg's long-term vision for creating high-paying job opportunities in Scott County. The Samtec consolidation is the result of a collaborative effort by the Scottsburg City Council, the Scottsburg Redevelopment Commission, the Scott County Economic Development Corporation and the Mid-America Science Park.
An educational and training partnership between Scott County School Districts 1 and 2, Ivy Tech Community College, and MASPark’s training center will help ensure that Samtec has access to a skilled workforce. The new facility is also expected to attract entrepreneurs and new businesses to Scott County.
About Samtec, Inc.
Samtec, Inc. is a service leader in the electronic interconnect industry. The company is headquartered in New Albany, Ind., and employs approximately 4,000 people worldwide. Samtec has offices in 18 countries including seven manufacturing locations: New Albany, IN, Colorado Springs, CO, Costa Rica, Huizhou, China, Johor, Malaysia, Penang, Malaysia and Singapore. Most Samtec products fall into one of four categories: high speed (signal integrity), micro systems, rugged and custom solutions.
About the Mid-America Science Park
The Mid-America Science Park (MASPark) is one of the most comprehensive science parks in the country, consisting of three interconnected centers: Business Incubation & Acceleration Center, Training & Workforce Development Center and Worldwide Communications & Conference Center. MASPark is designed to offer entrepreneurs, military personnel, researchers, visitors and students access to office space and shared administrative services; customized labs and training facilities; conference and event space; advanced technology and communications systems; and first-class amenities. For more information, please visit maspark.org.
Source: The Office of Scottsburg Mayor Bill Graham